Why US Diesel Prices Could Stay High Even If Oil Tumbles: A Global Refinery Shortage
US diesel prices hover near record highs as a global refinery shortage persists. Here's why pump prices may stay high even if oil tumbles after Hormuz reopens.
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Why It Matters
Diesel is hard to make right now because refineries worldwide are busy or broken. So even if oil gets cheaper, diesel at the pump might stay expensive for a while.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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